About This Property
Short-term Rental Potential - Now Permit Eligible!Discover a rare opportunity in the coveted Tahoe Keys community a classic lakeside townhome with a private dock, Tahoe charm, and unparalleled lifestyle potential. This inviting 3-bed, 2-bath retreat offers generous space for family escapes or year-round living.Step inside to a warm, functional layout featuring a cozy living area with a wood-burning stove, a well-equipped kitchen, and easy-flow access to outdoor spaces. The townhome features one bedroom and one bathroom downstairs. The upstairs level hosts two comfortable bedrooms and a full bath perfect for guests or family stays.Slide open the back deck door to breathtaking views of the docks and lake reflections. Here, you can sip your morning coffee or enjoy an evening BBQ against the Sierra scenery. The private dock accommodates your boat up to 24 ft, letting you launch directly into Lake Tahoe whenever the mood strikes a true boater's dream!Located just a few blocks from Tahoe Keys' private beach and summer pool, and only a short drive to Heavenly Ski Resort, casinos, dining, and nightlife, this property offers the best of South Lake Tahoe living with both adventure and tranquility at your fingertips.This townhome is clean as a whistle and ready for its new owners to make it their own!This property is being sold "as-is".
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 1997 · county record | $152,000 | Deed record — brokerage sides not reported | |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 439 Ala Wai Boulevard #97, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Payment calculator
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